Sino Land (OTCMKTS:SNLAY) Trading 12.4% Higher – Still a Buy?

Sino Land Co. (OTCMKTS:SNLAYGet Free Report)’s stock price shot up 12.4% on Friday . The company traded as high as $7.1630 and last traded at $7.0025. 2,564 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 4,145 shares. The stock had previously closed at $6.23.

Sino Land Stock Performance

The firm has a 50 day simple moving average of $7.36 and a 200-day simple moving average of $7.57.

Sino Land Company Profile

(Get Free Report)

Sino Land Company Limited is a Hong Kong–based property developer and a core member of the privately held Sino Group, which was founded in 1971. The company is publicly listed on the Hong Kong Stock Exchange, and its American Depositary Receipt trades on the OTC market under the symbol SNLAY. Over several decades, Sino Land has established itself as one of the city’s leading real estate firms, leveraging the resources and development experience of its parent group.

The company’s primary activities encompass property development, investment and asset management across a diverse portfolio of residential, office, retail and industrial projects.

Recommended Stories

Receive News & Ratings for Sino Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sino Land and related companies with MarketBeat.com's FREE daily email newsletter.